This is a follow-up analysis of my prior report Oil Prices Slide Brent Crude Taps 200-day MA. Can it Snap 4-day Losing Streak? published on 13 January 2025. Click here for a recap.From a technical analysis standpoint, Brent has tapped into a key...
EUR/NZD remains under significant selling pressure, as price action continues to struggle below the 1.8475 resistance level. The technical outlook remains firmly bearish, with the RSI holding below 50, reflecting sustained weakness in the pair....
GBP/JPY is currently positioned at a crucial technical level, with 192.46 acting as a major support zone. The market is watching closely to see if this level holds, as a sustained rebound could push the pair higher by 111 to 161 pips. The technical...
GBP/JPY is hovering near a critical support level at 192.46, making this a pivotal moment for traders analyzing potential price movements. The bullish scenario remains the preferred outlook as long as the pair holds above this level, with possible...
GBP/JPY continues to trade at a decisive technical level, with 192.46 serving as a crucial support zone that could dictate the pair’s next major movement. A rebound scenario is the preferred outlook, provided that the pair maintains this level, as...
